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Sector Analysis
Intelligent Transportation Systems Market Size, Trend and Analysis by Region, System Type, Application and Segment Forecast to 2026
Intelligent Transportation Systems Market Overview The intelligent transportation systems market size will be valued at $20.52 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 8.6% over the forecast period. Increasing number of road fatalities, environmental pollution, fleet operations, and rapid development of smart cities are some of the factors driving the market growth. The growing population and rate of urbanization has led to the rise of several issues, including high traffic, low...